The EUR/USD is trading in an ascending channel on the 15-min timeframe, with clear higher highs (HH) and higher lows (LL). The recent rejection near 1.0528 suggests a possible move toward channel support at 1.0397.
Trading Plan
Short (Sell):
Entry: Near 1.0528 rejection.
Target: 1.0397 (channel support).
Stop Loss: Above 1.0535.
Long (Buy):
Entry: Around 1.0397 (support).
Target: 1.0528.
Stop Loss: Below 1.0385.
Disclaimer:
This is for educational purposes only, not financial advice. Trade responsibly.